Monday, 11 May 2020

Yen, US Dollar Drop as PBOC Hints China to Boost Stimulus

The Japanese Yen and US Dollar fell while stocks rose as China’s central bank hinted it was preparing to expand stimulus to counter the impact of the Covid-19 outbreak.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...